Civic Intelligence

Interfaith Neighbors Inc

EIN 22-2896129 • 501(c)3 • Asbury Park, NJ

Profile

To provide meals, rental assistance, utility assistance and affordable housing to underpriviledged families, the elderly, frail and the homebound, along with overall community development in underpriviledged neighborhoods.

810 Fourth AveAsbury Park, NJ 07712

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

25th percentile

0.03x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.12x

Higher debt load relative to revenue than 34% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

28th percentile

-2.5%

Higher net margin than 28% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

27th percentile

-1.2%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

48th percentile

6.2%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$24,480,428

Down $300,669 (-1.2%) from 2023

Liabilities

Down

$768,353

Down $137,995 (-15%) from 2023

Net Assets

Down

$23,712,075

Down $162,674 (-0.7%) from 2023

Revenue

Up

$6,633,826

Up $388,884 (+6.2%) from 2023

Expenses

Up

$6,796,500

Up $27,752 (+0.4%) from 2023

Net Income

Up

-$162,674

Up $361,132 (+69%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $6,999,535Liabilities 2010: $2,283,429Net Assets 2010: $4,716,1062010Assets 2011: $10,310,542Liabilities 2011: $3,652,462Net Assets 2011: $6,658,0802011Assets 2012: $10,239,463Liabilities 2012: $3,159,186Net Assets 2012: $7,080,2772012Assets 2013: $8,104,105Liabilities 2013: $886,902Net Assets 2013: $7,217,2032013Assets 2014: $8,137,799Liabilities 2014: $707,301Net Assets 2014: $7,430,4982014Assets 2015: $8,348,828Liabilities 2015: $395,918Net Assets 2015: $7,952,9102015Assets 2016: $8,312,001Liabilities 2016: $474,640Net Assets 2016: $7,837,3612016Assets 2017: $8,598,533Liabilities 2017: $440,573Net Assets 2017: $8,157,9602017Assets 2018: $8,548,625Liabilities 2018: $586,882Net Assets 2018: $7,961,7432018Assets 2019: $10,022,864Liabilities 2019: $1,222,106Net Assets 2019: $8,800,7582019Assets 2020: $11,914,913Liabilities 2020: $1,246,731Net Assets 2020: $10,668,1822020Assets 2021: $14,340,015Liabilities 2021: $1,721,867Net Assets 2021: $12,618,1482021Assets 2022: $25,271,149Liabilities 2022: $872,585Net Assets 2022: $24,398,5642022Assets 2023: $24,781,097Liabilities 2023: $906,348Net Assets 2023: $23,874,7492023Assets 2024: $24,480,428Liabilities 2024: $768,353Net Assets 2024: $23,712,0752024

Highlighted filing

2024

Assets$24,480,428
Liabilities$768,353
Net Assets$23,712,075

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,715,1812010Expenses 2011: $5,668,0802011Expenses 2012: $5,789,7392012Revenue 2013: $7,674,346Expenses 2013: $7,537,420Net Income 2013: $136,9262013Revenue 2014: $4,807,816Expenses 2014: $4,594,521Net Income 2014: $213,2952014Revenue 2015: $5,013,022Expenses 2015: $4,490,610Net Income 2015: $522,4122015Revenue 2016: $4,726,434Expenses 2016: $4,841,983Net Income 2016: -$115,5492016Revenue 2017: $4,582,693Expenses 2017: $4,262,094Net Income 2017: $320,5992017Revenue 2018: $4,235,881Expenses 2018: $4,432,098Net Income 2018: -$196,2172018Revenue 2019: $5,182,482Expenses 2019: $4,343,467Net Income 2019: $839,0152019Revenue 2020: $6,796,364Expenses 2020: $4,928,940Net Income 2020: $1,867,4242020Revenue 2021: $7,072,413Expenses 2021: $5,073,429Net Income 2021: $1,998,9842021Revenue 2022: $13,266,183Expenses 2022: $6,351,165Net Income 2022: $6,915,0182022Revenue 2023: $6,244,942Expenses 2023: $6,768,748Net Income 2023: -$523,8062023Revenue 2024: $6,633,826Expenses 2024: $6,796,500Net Income 2024: -$162,6742024

Highlighted filing

2024

Revenue$6,633,826
Expenses$6,796,500
Net Income-$162,674

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.5$0.77$23.7$6.63$6.80$0.16
2023Detailed filing. Detailed filing data is available for this year.$24.8$0.91$23.9$6.24$6.77$0.52
2022Detailed filing. Detailed filing data is available for this year.$25.3$0.87$24.4$13.3$6.35$6.92
2021Detailed filing. Detailed filing data is available for this year.$14.3$1.72$12.6$7.07$5.07$2.00
2020Detailed filing. Detailed filing data is available for this year.$11.9$1.25$10.7$6.80$4.93$1.87
2019Detailed filing. Detailed filing data is available for this year.$10.0$1.22$8.80$5.18$4.34$0.84
2018Detailed filing. Detailed filing data is available for this year.$8.55$0.59$7.96$4.24$4.43$0.20
2017Detailed filing. Detailed filing data is available for this year.$8.60$0.44$8.16$4.58$4.26$0.32
2016Detailed filing. Detailed filing data is available for this year.$8.31$0.47$7.84$4.73$4.84$0.12
2015Detailed filing. Detailed filing data is available for this year.$8.35$0.40$7.95$5.01$4.49$0.52
2014Detailed filing. Detailed filing data is available for this year.$8.14$0.71$7.43$4.81$4.59$0.21
2013Detailed filing. Detailed filing data is available for this year.$8.10$0.89$7.22$7.67$7.54$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$3.16$7.08$5.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$3.65$6.66$5.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.00$2.28$4.72$3.72
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 9, 2025
Return Version
2024v5.0
Gross Receipts
$12,984,707
Mission and Program Overview

Mission

To provide meals, rental assistance, utility assistance and affordable housing to underpriviledged families, the elderly, frail and the homebound, along with overall community development in underpriviledged neighborhoods.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,845,217$11,303,982▲ $1,458,765
Land, Buildings, and Equipment, Net$7,882,672$7,790,358▼ $92,314
Pledges and Grants Receivable$3,022,992$2,425,636▼ $597,356
Cash and Non-Interest-Bearing Accounts$3,793,071$2,344,786▼ $1,448,285
Prepaid Expenses and Deferred Charges$28,374$34,210▲ $5,836
Intangible Assets$25,062$23,391▼ $1,671
Total Assets$24,781,097$24,480,428▼ $300,669
Other Assets Total$183,709$558,065▲ $374,356
Liabilities
Accounts Payable and Accrued Expenses$246,996$385,164▲ $138,168
Deferred Revenue$636,320$361,808▼ $274,512
Other Liabilities$23,032$21,381▼ $1,651
Total Liabilities$906,348$768,353▼ $137,995
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,537,815$18,918,526▲ $380,711
Net Assets With Donor Restrictions$5,336,934$4,793,549▼ $543,385
Total Net Assets Fund Balance$23,874,749$23,712,075▼ $162,674
Total Liabilities and Net Assets / Fund Balance$24,781,097$24,480,428▼ $300,669

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,766,367$1,237,272$7,003,639
Land$1,578,228-$1,578,228
Equipment$129,519$302,474$431,993
Leasehold Improvements$296,168$53,469$349,637
Other Land Buildings$20,076$136,447$156,523

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,888,540-▲ $204,125-$2,092,665
2023$1,710,815-▲ $177,725-$1,888,540
2022$760,285$1,000,000▼ $49,470-$1,710,815
2021$661,761-▲ $98,524-$760,285
2020$635,797-▲ $25,964-$622,381
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Paul L McevilyExecutive DiFT$114,400$114,400
Walter CraigCo - Exec DiFT$113,320$113,320
Joseph J MarmoraTrusteePT$19,520$19,520

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$5,089,265
Program Service Revenue
$463,233
Investment Income
$852,909
Other Revenue
$228,419
All Other Contributions
$1,861,169
Change in Net Assets
$-162,674

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$392,489
Total Noncash Contributions1$392,489

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,633,826
Total Revenue per Audited Statements
$6,633,826
Total Revenue per Form 990
$6,633,826
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,729,667
Salaries, Compensation, and Employee Benefits$3,066,833
Total Fundraising Expense$167,476
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,257,132$187,790$109,264$2,554,186
All Other Expenses$617,749$103,922$5,701$727,372
Other Employee Benefits$263,489$16,973$9,875$290,337
Other Expenses$259,787$8,635$5,507$273,929
Payroll Taxes$186,045$15,796$20,469$222,310
Depreciation Depletion$203,627$1,319$6,596$211,542
Insurance$181,448$10,756$3,585$195,789
Occupancy$32,109--$32,109
Advertising$22,758-$6,479$29,237
Conferences and Meetings$15,335--$15,335
Fees for Services Accounting$4,893--$4,893
Total Functional Expenses$6,283,833$345,191$167,476$6,796,500

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,796,500
Total Expenses per Audited Statements$6,796,500
Total Expenses per Form 990$6,796,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$299,010
Fundraising Direct Expenses$70,591
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$299,010$299,010$70,591$228,419
Total Events$299,010$299,010$70,591$228,419
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tennant Security$20,231
Prepaid Rent$1,150
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by two members of the board of directors. The form is available at the board of directors meeting. No individual copies are made. A copy and review will also be available upon request.

Form 990, Page 6, Part VI, Line 12C

The policy is reaffirmed at board meetings and is communicated to the officers, directors or trustees and employees thru the employee handbook.

Form 990, Page 6, Part VI, Line 15A

The executive director and associate executive director both require their salaries be approved at the board of trustees' meetings. Approval of their salaries are based on a review of director wages of similiar organizations within monmouth county.

Form 990, Page 6, Part VI, Line 15B

Other officers and key employees have their salaries reviewed only by the executive and associate executive directors.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Interfaith Neighbors Inc
EIN
22-2896129
Phone
7327750525
Address
810 FOURTH AVE, ASBURY PARK, NJ 07712

Signing Officer

Name
Paul L Mcevily
Title
Executive Director
Phone
7327750525
Signed
2025-09-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul L Mcevily
Formed
1988
Legal Domicile
Nj
Voting Board Members
11
Independent Board Members
9
Employees
86
Volunteers
375

Preparer

Firm
Donato Hayes & Company CPA LLC
Address
201 MAIN STREET, ALLENHURST, NJ 07711
Preparer
Jeanne Reichardt
Phone
7325313388
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide meals, rental assistance, utility assistance and affordable housing to underpriviledged families, the elderly, frail and the homebound, along with overall community development in underpriviledged neighborhoods.

Form 990, Page 1, Part I, Line 6

The responsibilities of the volunteer at interfaith include delivery of meals within our nutrition program, administrative assistance within our rental assistance program.

Form 990, Page 2, Part III, Line 4C

Interfaith neighbors has an ongoing, state approved, neighborhood revitalization program that it has undertaken across the west side of asbury park, new jersey. This program is an active effort to address a number of conditions which exist across underserved communities and, taken together, adversely effect the overall health of the community. Interfaith's program entails, among other initiatives, the building of safe, clean, affordable housing, developing workforce programs geared to jobs in high demand industries with living wage salaries, inspiring collaboration across community groups for focused neighborhood initiatives, and programs to bring an awareness to healthy lifestyles and proper nutrition, which is combined with interfaith's development of urban farms and a hydroponic farm in their underserved neighborhood that has also been deemed a food desert.

Form 990, Page 2, Part III, Line 4D

Providing affordable, quality early childhood care and education.

Form 990, Part IX, Line 24E

Program cost - cd 236,667 0 0 professional 73,285 98,892 0 office 100,984 3,020 3,020 repairs 83,228 0 0 phone/utilities 62,337 2,010 2,681 management fees 37,404 0 0 pilot payments 8,530 0 0 program costs - homeless 7,286 0 0 repairs 4,238 0 0 program costs - rent 1,428 0 0 repairs 863 0 0 fees 773 0 0 repairs 626 0 0 fee 100 0 0 total 617,749 103,922 5,701

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Donor-imposed restrictions for rental and mortgage assistance board-imposed restrictions for general exependitures and liabilities should it be deemed necessary.

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IRS990/Desc0IN 2024, INTERFAITH NEIGHBORS PROVIDED RENTAL, UTILITY AND MORTGAGE ASSISTANCE TO APPROXIMATELY 230 FAMILIES, WHICH INCLUDED OVER 552 INDIVIDUALS FACING EVICTION OR HOMELESSNESS,ENABLING THEM TO REMAIN IN THEIR PLACE OF RESIDENCE FOLLOWING A SUDDEN ECONOMIC CHALLENGE.
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IRS990/ProgSrvcAccomActy2Grp/Desc0INTERFAITH NEIGHBORS ADDRESSED ISSUES OF FOOD INSECURITY EFFECTING RESIDENTS OF MONMOUTH COUNTY,NEW JERSEY, BY PREPARING, SERVING AND DELIVERING APPROXIMATELY 373,000 MEALS TO THE MOST NEEDY, TO HOMEBOUND SENIOR RESIDENTS AND DISABLED PERSONS. THIS PROGRAM IS ASSISTED BY OVER 330 INDIVIDUAL VOLUNTEERS WHO PROVIDE CLOSE TO 19,350 HOURS OF VOLUNTEER SERVICE TO THIS PROGRAM.
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IRS990/ProgSrvcAccomActy3Grp/Desc0INTERFAITH NEIGHBORS HAS AN ONGOING, STATE APPROVED, NEIGHBORHOOD REVITALIZATION PROGRAM THAT IT HAS UNDERTAKEN ACROSS THE WEST SIDE OF ASBURY PARK, NEW JERSEY. THIS PROGRAM IS AN ACTIVE EFFORT TO ADDRESS A NUMBER OF CONDITIONS WHICH EXIST ACROSS UNDERSERVED COMMUNITIES AND, TAKEN TOGETHER, ADVERSELY EFFECT THE OVERALL HEALTH OF THE COMMUNITY. INTERFAITH'S PROGRAM ENTAILS, AMONG OTHER INITIATIVES, THE BUILDING OF SAFE, CLEAN, AFFORDABLE HOUSING, DEVELOPING WORKFORCE PROGRAMS GEARED TO JOBS IN HIGH DEMAND INDUSTRIES WITH LIVING WAGE SALARIES, INSPIRING COLLABORATION ACROSS COMMUNITY GROUPS FOR FOCUSED NEIGHBORHOOD INITIATIVES, AND PROGRAMS TO BRING AN AWARENESS TO HEALTHY LIFESTYLES AND PROPER NUTRITION, WHICH IS COMBINED WITH INTERFAITH'S DEVELOPMENT OF URBAN FARMS AND A HYDROPONIC FARM IN THEIR UNDERSERVED NEIGHBORHOOD THAT HAS ALSO BEEN DEEMED A FOOD DESERT.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDING AFFORDABLE, QUALITY EARLY CHILDHOOD CARE AND EDUCATION.
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